A screenshot from Salvatore Garau's video about his work 'Buddha in Contemplation'. YouTube
A screenshot from Salvatore Garau's video about his work 'Buddha in Contemplation'. YouTube
A screenshot from Salvatore Garau's video about his work 'Buddha in Contemplation'. YouTube
A screenshot from Salvatore Garau's video about his work 'Buddha in Contemplation'. YouTube

'Immaterial sculpture': Italian artist sells invisible art for $18,300


Alexandra Chaves
  • English
  • Arabic

Some may call it nothing, but Italian artist Salvatore Garau describes it as an "immaterial sculpture". And it sold at auction for €15,000 ($18,300).

Titled Io Sono, or "I am", the artwork can be described as invisible or simply as nothing. It does not exist in any material form. Though Garau, 67, did not describe it as such and explained the concept behind the piece to publication Diario AS and was quoted on ArtNet.

“The vacuum is nothing more than a space full of energy, and even if we empty it and there is nothing left, according to the Heisenberg uncertainty principle, that nothing has a weight,” he said. “Therefore, it has energy that is condensed and transformed into particles, that is, into us.”

The work was auctioned last month at the Italian auction house Art-Rite, surpassing its estimate of €6,000 to €9,000.

The buyer received a certificate of authenticity signed and stamped by Garau, along with instructions on how to display the work, specifically, to exhibit in a space measuring five-by-five-feet, unobstructed by other objects.

While the artwork and its price may raise some eyebrows or induce a chuckle, the artist insists on his ideas, explaining that exhibiting the sculpture in a space concentrates a “density of thoughts at a precise point”.

He has explored similar concepts of immateriality and nothingness in previous works, namely Buddha in Contemplation, marked by a white square taped onto a cobbled walkway in Milan.

In the artist’s video about the work, the text explains that the sculpture is installed “above” the square. A statement scrolls across the screen: “You don’t see it, but it exists; it is made of air and spirit. It is a work that asks you to activate the power of imagination, a power that anyone has, even those who don’t think they have it.”

It’s not new for artists to test the boundaries of material – or lack of it – and the willingness of buyers to shell out money for art.

More high-profile sales in recent memory include Beeple's Everydays – The First 5000 Days, an NFT artwork that sold for $69 million in March, and the infamous banana taped to a wall, an artwork titled Comedian, by Maurizio Cattelan that sold for $120,000 in Art Basel Miami in 2019.

The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

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Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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